Added to YB: 2024-11-06
Pitch date: 2024-11-04
TON.L [bullish]
Titon Holdings Plc
+15.63%
current return
Author Info
Pommesbuden Invest focuses on small, hated, money-losing microcaps with turnaround potential. Sign up for the newsletter.
Company Info
Titon Holdings Plc, together with its subsidiaries, designs, manufactures, and markets ventilation products, and door and window fittings in the United Kingdom, South Korea, the United States, and Europe.
Market Cap
GBP 9.3M
Pitch Price
GBP 0.80
Price Target
2.00 (+116%)
Dividend
N/A
EV/EBITDA
-25.53
P/E
-9.58
EV/Sales
0.39
Sector
Building Products
Category
turnaround
4 AIM Chips that may 'ketch-up': Titon (TON.L) - A breath of fresh air?
TON.L: New CEO Tom Carpenter's strategy refresh focuses on sales growth & window/door segment. Divested underperforming Korean JV. Trading at discount to £10M adj. tangible NAV. Harwood Capital (28% stake) known for activism. 150% upside potential in 2-4 years if 10% op margin & 2x book value achieved.
Read full article (2 min)